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Old 25-06-2015, 01:28 PM
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Originally Posted by Unregistered View Post
Oh please, enough of this off-topic chatter.

Many posters in their mid to late 40s are claiming to have networth of $2m+. I am not sure if the number of such households has gone up, but that's about our networth when we were in our 40s - 10 years ago. Does it mean that over the last 10 years household income and networth have not grown that much? Or maybe there is a better spread of wealth resulting in more households achieving this networth while in their 40s?

The good news for these households is that by their 50s, 10 years down the road, their networth could breach $5m - provided they don't quit their job prematurely. Among my cohort, many of my friends and colleagues have close to or around this networth. Working is an option, not a need anymore.

Reaching the first $2m is the difficult part, but once you achieve that, the growth starts to get easier. But remember, don't quit prematurely.
There are two school of thoughts
One say that when reach $2m, then can slow down pace of living.
The other say cannot end prematurely and need further drive to $5m
I am in the cross road with $2m now
What should I do?
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